Chris Snowdon writes for City AM
The cost to the average British family of the recently implemented sugar levy will be relatively trivial, but it would rise to £500 a year if the government introduced the kind of taxes that Bloomberg wants to see on food and drink.
Taxes on alcohol and tobacco already cost UK consumers £24bn a year. Yes, governments need to get money from somewhere, and not every part of the tax system can be progressive. But campaigners for more sin taxes should admit that it is the poor who suffer more than the rich.
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